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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
RONN (NASDAQ:RONN)
Bear Market Rally (-75) - RONN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RONN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RONN?
MarketClub looks at technical strength and momentum to determine if the timing is right for RONN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RONN
The long-term trend has been DOWN since Feb 5th, 2024 at 0.0063
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 0.0006
The short-term trend has been UP since May 7th, 2024 at 0.0006
Smart Scan Analysis for RONN
Based on our trend formula, RONN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0007 | 0.0008 | 0.0006 | 0.0008 | +0.0001 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0007 | 12425603 | 2024-05-08 15:55:59 |